United Kingdom to support USD9.29 billion Tidal lagoon PPP project

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United Kingdom to support USD9.29 billion Tidal lagoon PPP project

Denbighshire County Council in the UK has shown support for the development of the hydroelectric plant of the Denbighshire Coast line in Welsh.

The project involves the development of a 30 km long barrage stretching from Prestatyn to Llandudno. It will use turbines to generate electricity from the movement of the tides. The project has an estimated investment of GBP7 billion (US$9.29 billion).

The project aims to support the climate resilience plans of the council and enhance the climate change strategy by the implementation of unique infrastructure. It is part of the renewable energy auction scheme of the UK government.

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